Check out that sexy consolidation wedge formation. This naughty bull flag give us a potential to breakout of 20% profit from today's values to 265 USD (Fibonacci retrace resistance) and the bull flag target for full breakout potential of 36% profit from today's values up to 300 USD. There's always a possibility that the breakout will not consolidate higher, and...
Watching Verge (XVG) and it is staying within it's slightly upwards channel. Hopefully will get more impulsive and above the moving average line and break then upwards out of this channel... We shall see. Made a couple top against support, so that is good. With little data, hard to say. We continue to monitor Verge, with a HODL approach.
LTC/ETH on the daily. THought I'd do this for fun, but ETH had a nice run up a while back, and everything has pulled back since then. LTC is taking this chance to break out closer to ETH prices. Currently is sitting around the .618 retrace, but definitely in a bull market after reaching its recent low. This is mostly a for-fun analysis, and can be useful in...
Quick fib analysis... looking to show some perspective on this retracement look for XRP to breakout with a close above $1.25
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Coin rebound has been very nice so far. Sentiment is turning bullish once again and there are fresh new developments coming out. Looking good.
2 possible scenarios HODL coin Entry point : 0.00051
I'm long on Golem... If price retests zone place by entries... Hold this long term. -KP
Prime example for what crypto markets looks like
Could be the start of a nice technical breakout. Holding nicely so far. if it breaks back under I expect it to head to 5k.
After many attempts to break into $16k territory since before 2018. The correction nevertheless continues. Its cyclicle in nature. The bulls have attempted to burst through a number of times but to no avail as of yet. The bears still have the grip and could drag down another $2k to $6k. Expect to see BTC testing new lows.
I see a key date of Feb 19 for a defined trend showing either a bullish breakout at the end of the wedge which appears to be in equilibrium at $8600 or a resumption of the bearish trend seen so far in 2018. Key drivers are FUD feeding the bears and 'a lack of FUD' feeding the bulls (unless another 'Giancarlo SEC hearing type moment' occurs). Perhaps more news on...
With the bear flag officially over and a minor breakdown as the result, things are starting to look really good for the bulls once again in BTC. Price action is moving sideways while it steadily recovers and consolidates above 8000USD. We are now long out of my previous chart's descending channel, and have just popped through sideways out of the purple descending...
Bitcoin Buy Level At $8,500 Price currently breaking out of the trend line and trading above 50MA. Looking for price to pullback to retest 50MA, Trend Line, and key FIB Levels. COINBASE:BTCUSD
Anything under 21K is a deal. This is an investors, HODLrs, forecast. This is not for day trading. You can flip in the zones mentioned in the video. But if liquid, buying now is bargain, even if price dips to the 3600s. Buy then too. The only pause on the horizon is the approaching 21 MA cross over of the 200 MA. Whether something fundamental pushes...